Bitcoin crosses $82,000 as Trump’s return fuels optimism for crypto
Bitcoin crossed the $82,000 threshold for the first time on Monday, November 11, driven by renewed investor interest following Donald Trump’s re-election as US president. The president-elect championed cryptocurrency during his campaign and is expected to introduce favourable crypto regulations.
- New peak: The largest cryptocurrency, Bitcoin, climbed 6.1 per cent on Sunday, reaching an all-time high of $82,300 on Monday at 3:45 pm IST.
- Market cap milestone: With a market cap of $1.16 trillion, Bitcoin now ranks among the top 10 global financial assets, surpassing major corporations like Visa.
WHY IT MATTERS
Trump’s promise to establish the US as a global leader in digital assets could signal a shift toward more crypto-friendly…
